Pressure Sensitive Labels Market Outlook, Strategies, Industry, Growth Analysis, Future Scope, Key Drivers And Forecast To 2021
Summary
Global Pressure Sensitive Labels Market Size, Trends, Analysis, Share, Opportunities by Compositions (Top coat, Face stock, Adhesive, and Liner) by Technology by Application (Food & beverages, Pharmaceuticals, Automotive, and others) and Region - Forecast to 2021
Pressure Sensitive Labels Market Overview
Pressure sensitive labels are tamper-evident/ tamperproof labels, not only leave behind evidence of unauthorized access or alteration but also provide brand verification in markets penetrated by counterfeit products. Marketed for packaging closures and destructible labeling, pressure sensitive labels are extensively used on the packaging of brands that demand performance, security, and authentication throughout the value chain such as pharmaceutical, personal care, and automotive.
Flexible packaging that can typically be found with dried foods and confectionary is witnessing increasing usage. In flexible packaging, there is an inclination toward shorter print runs, personalization, and trend of detailed information on packages. In such a situation, pressure sensitive labels provide flexibility compared to direct printing. As a result, growth in flexible packaging would impact the market growth, positively.
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The global pressure sensitive labels market is expected to garner exponential gains by 2023, registering a steady CAGR throughout the forecast period (2016 to 2021).
Major Players
Players leading the global pressure sensitive labels market include
- Henkel AG & Co.
- Constantia Flexibles Group GmbH
- KGaA
- Avery Dennison Corporation
- Technicote Inc.
- CCL Industries Inc.
- Lintec Corporation
- NSD International
- 3M
- UPM Raflatac
- Reflex Labels Ltd.
- NAStar Inc.
- Inland Label and Marketing Services LLC.
among others.
Global Pressure Sensitive Labels Market – Segments
For a better understanding, the Pressure Sensitive Labels Market has been segmented into four key dynamics: -
By Compositions : Top Coat, Face Stock, Adhesive, and Liner, among others.
By Technology : Water-based, Solvent-based, Radiation, and Hot Melt, among others.
By Application : Food & beverages, Pharmaceuticals, and Automotive, among others.
By Regions : Asia Pacific, Europe, North America, and the Rest-of-the-World.
Regional Analysis
The Asia Pacific region heads the global pressure sensitive labels market. Rapid growth in e-commerce and transportation sectors, alongside, the growing organized retails that have widened the scope of warehousing solutions are fostering the growth of the regional market, creating a staggering demand for pressure sensitive labels. Growing industrial activities along with the improving purchasing power of the consumers and changing lifestyle, are creating enormous opportunities in the regional market.
The pressure sensitive labels market in China, led by the high demand from the consumer goods industry is positioned as the largest market in the region. Other significant growth contributors to the regional market are India, Thailand, and Japan.
Pressure Sensitive labels markets in North America and Europe are growing significantly too. Factors such as the high demand for packaged food items alongside, the burgeoning industries such as pharmaceutical and automotive are encouraging the uptake of the pressure sensitive labels across various applications.
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